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Windsor Place, Liskeard
£120,000 For Sale


Property Details

THE PREMISES

Near the centre of Liskeard is this Freehold Investment Opportunity. Comprising of a mix of Retail and Office Accommodation, and producing an gross rental income of £11,000pa The commercial aspects are subject to existing tenants leases.

THE PET SHOP

Approximately 113 sqm. This spacious retail outlet fronts on to Windsor Place. The tenants current lease runs until 29th March 2028. There is a disused access to the side of the property that could be re-instated to the building at a future point which could allow for the option of splitting of the main unit. Inside the bulk of the area is shop floor, with office area. To the rear is a small amount of storage, kitchen area and wc.

OFFICE PREMISES

Approximately 42 sqm. Set back from the main road, the office can be found at the rear of the building with its own dedicated access. This is let on a 3 yearly lease, originally from the 14th November 2016 and renewed in 2019, by Penhellis Community Care. The rental income is £3000 pa. The office has a kitchen area and wc.

FIRST FLOOR AND ABOVE

The Freehold Interest on offer all covers the flats above which are on separate long leasehold titles, the owners of each flat are directors of the Morcom Court Property Care Company Limited. Each individual unit commercial and residential units pays £60 pm maintenance payments. The purchaser will take control of this management company. The contributions collected form a pot of monies from which the buildings insurance and maintenance will be paid.

EPC Rating

Offices - D Shop - C

Location